2014 is a great year for us. Though it didn’t make our portfolio grow enormously, at least it grows around 4.5% overall. As you know, I am the sole breadwinner now as my wife stops working to take care of our baby Francis. The growth may seems slow, but at least we are not sacrificing our family.
Here’s our current portfolio at the start of 2015.
Overall, our pooled funds grow around 15%. These includes both local mutual funds and global funds in all asset classes: bonds, balance and equities.
Philequity Fund Inc. – 28.70%
Philequity Peso Bond Fund Inc. – 2.32%
FAMI SALEF – 17%
BDO Peso Balance Fund – 17.20%
Fullerton Dynamic Fund (Equity) – 5.14%
Acorns of Asia Fund (Bond) – 5.30%
Growth Fund (Bond) – 4.50%
Regional Equity Fund (Equity) – 10%
Much of our emergency funds are used last year. Being a sole bread winner now, and sometimes my salary is not enough to cover all expenses. Especially those plane tickets from here and there.
For 2014, I have added INSURANCE in our portfolio. This is a significant change of heart as I learned more the value of risk protection with respect to all that we have. As breadwinner, I got insurance protection from all aspect: Life, Medical and Accident. My total life sum assured now is around S$500K, just enough amount to make sure my family will live comfortably in the event something happen to me.
I also started Angel Investing. This is a new opportunity with a great potential. I will not discuss more about it, I will try to blog separately.
For this year 2015, I will continue to insure my wife and baby against all risk that might happen to them. By doing this, I am also ensuring the protection of our overall portfolio.
I will try to rebalance our pooled funds portfolio and try to shift some non performing funds to higher risk asset class investment. Adding more funds to them is one of my goal for this year. And I need to work hard to make it happen, earn more and spend less.